Remedies (clause) Icon Remedies (clause)
Definition:

A remedies clause in an agreement specifies what one party is allowed to seek in the event that they sue the other party for breach of the agreement. Remedies can be both "legal" and "equitable." “Legal” remedies refer to money that should be paid to one party in order to compensate them for their losses. “Equitable” remedies refer to court orders that will instruct the other party on what they must do (or NOT do) to remedy the breach — often in the form of a court injunction, which says exactly what a party must immediately do (or refrain from doing).

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